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waiting on the other key swing states, iowa and nevada remain too early to call. north carolina, ohio, virginia, florida, colorado, too close to call. the senate, mostly breaking as expe expected, but the democrats did pick up three new seats. republicans projected to hold the house as well. >> all right. let's get straight to john harwood at the maproom to give us more color on what we're seeing as the most recent poll closings. over to you, john. >> we're almost completely closing the map of coloring in the map of all the states we knew in advance where they were going to faull. the only state where polls have not closed yet is the state of alaska. we're very confident mitt romney is going to win that based on polls before the election. so we're really waiting for those seven battleground states that haven't been filled in yet. again, to reiterate, as we've talked about before, if president obama wins the state of florida this race is over. he's going to be re-elected for a second term. but if mitt romney wins it, he's got to also win north carolina, he's got to win virginia, where
to disrupters.cnbc.com. >>> up next, our next stop is nevada, home of harry reid and home of the oldest profession. >> mustang ranch. >> why the folks at the mustang ranch are worry about the fiscal cliff. >>> and later former federal reserve chairman paul volcker speaks exclusively with "squawk box" about solving the fiscal cliff. >>> also at the top of the hour, former white house council economic provider greg mankiw. from currency trading for a few to a currency market for everyone. the potential of fxcm unlocked. nyse euronext. unlocking the world's potential. the potential of yelp unlocked. nyse euronext. unlocking the world's potential. >>> welcome back, everybody. secretary treasurer time dpiet nev geithner is going to be speaking today. majority leader eric cantor, house bunt committee chairman paul ryan and the chairman of the house is tax's ways and mean committee, also lunch with republican senate minority leader mitch mcconnell and nancy pelosi. he has a pretty full schedule today. >>> yesterday a number of high-profile corporate leaders met with president obama at the whit
are investors taking a gamble in nevada? >> there's not a lot of confidence out there now. rise above road trip, continuing coverage throughout the day on cnbc. >> welcome back to "squawk on the street," as we count down to the breaking news due out at the top of the hour, impending home sales are down. the price target now stands at 16 bucks a share, they are optimistic as we come to the january launch of blackberry. don't take into account the positive tail wind that blackberry will have. we have had a number of analysts out there recently who have raised their price targets as well as estimates and ratings. >> okay, let's get some breaking news now, on home stats. >> good morning, simon, we're here outside bankruptcy court in white plains new york for the latest in the saga of the hostess bankruptcy. liquidation, now the courtroom is reconvening to hear arguments about whether some 19 hostess executives should be getting a retention payout of $1.75 million, these so called bankruptcy bonuses. the interest is not necessarily the amount of the payoff going to the executives, but the fact that
ohio, wisconsin, nevada, that mitt romney cannot get to 270 electoral votes without taking a very, very unlikely state away. so this is a very important place, just as ohio is important to president obama, and the closing argument that mitt romney is making is the one that has been his go-to for the entire year, which is look at the record, look at what barack obama said he was going to do, look at what he's done while the president is trying to make a recovery case, we're on the right track, the mitt romney argument is we haven't gotten where we need to go and he's going to be making that all weekend. >> people on the floor trying to look at the effect of the storm and the recovery on tuesday. is it possible that because in the northeast states that are normally blue, have lower turnout, the president actually does win on the electoral vote but the governor wins on the popular vote? >> reporter: that is possible. it's very -- you have to say it's very unlikely by looking at history at how few times that's happened. but we have an extremely close popular vote race to judge by the nation
and keep on going. in nevada they made up 40% of october sales up from 34% a year ago. that according to lps home price index. now bank of america alone has done over 100,000 short sales so far this year. and i spoke to a rep there who says they are well aware of the potential looming tax risks as are their customers. they say they would love to ramp up short sales but they're already doing them as fast as they can. i ask what happens if the tax relief is not extended? the source told me i would expect we start to get more customers saying i've talked to my tax adviser and i'm going to opt out of that short sale and we'll just take it to foreclosure. and, carl, that is exactly not what we want to hear as this housing recovery is really just gaining steam. >> wow. in your opinion diana would we start to see that, the impact in sales of existing and starting in january? >> well, starting in january you would start to see those short sales go away and that would mean more homes would go to foreclosure. short sales have really been saving this market keeping people out of foreclosure and
Search Results 0 to 4 of about 5